LONDON and SAN FRANCISCO – February 14, 2008 – Advent Software, Inc., (NASDAQ: ADVS), the award-winning provider of software and solutions for the global investment management industry, today announced a consulting alliance with Atlantic Link, a London-based consulting organization specializing in the alternative investment and capital markets sectors. Atlantic Link will work with Advent clients implementing Geneva®, Advent’s award-winning global investment management and accounting platform, and Moxy®, Advent’s industry-leading trade order management system.
Advent’s business in EMEA continues to expand, and one of the strategies to support this growth is to develop a strong network of high calibre alliances with companies that have the knowledge and expertise to work with Advent products. Atlantic Link will continue to build a team of Advent certified consultants with strong industry backgrounds who are able to implement Geneva® and Moxy®.
“We have worked with Atlantic Link on a number of successful projects in the past, which made the decision to enter a consulting alliance simple for both firms,” said Hakan Valberg, Senior Vice President and General Manager of Advent Software EMEA. “We have similar goals – to become the market leader in EMEA’s alternative investment and asset management sectors – and this relationship expands our offering within our core markets while providing increased flexibility to deliver first class services and support to our growing client base.”
“We are delighted to have this new relationship with a firm as highly regarded as Advent Software. Their Geneva® and Moxy® products are recognized as best-in-class in the market,” explained Eric Werner, Chairman of Atlantic Link. “Advent’s tremendous growth in EMEA over the last 24 months aligns with our own expansion plans both in the UK and in Europe. We have a strong group of industry experts who also have in-depth knowledge of Advent’s solutions, so our mutual goals make this formal relationship a very positive move for us,” concluded Werner.
About Atlantic Link
Atlantic Link (www.atlantic-link.com) is a young and rapidly expanding company that delivers high quality advisory and technical services to clients in the Alternative Investments and Capital Markets sectors. The company provides support of essential operational processes and the systems that they rely on via Atlantic Link's integrated expert services organisation. Clients have access to strategy and advisory services from the Hedge Fund, Capital Markets and Technology Practices with exemplary delivery via a centralised Project Office.
Geneva®, a global investment management and accounting platform, is a proven solution for asset managers, hedge funds, fund administrators, prime brokers, and mutual funds that require a high level of operational efficiency and easy access to real time data. Geneva® offers comprehensive instrument coverage, full financial general ledger, and industry-standard integration tools enable firms to manage complex investment vehicles, multiple investment strategies, and tiered fund structures.
Moxy® is the industry’s most widely used trade order management system, with more than 800 clients worldwide. Moxy® automates trading and order management processes for a comprehensive array of instruments, and features portfolio modeling, rebalancing, and what-if scenarios; intra-day order management; pre- and post-trade compliance checking; and electronic order routing and trade execution.
Advent Software, Inc. (www.advent.com), a global company, has provided trusted solutions to the world’s leading financial professionals since 1983. Firms in more than 60 countries use Advent technology and manage investments totalling more than US $18 trillion. Advent’s quality software, data and services enable financial professionals to improve service and communication to their clients, helping them grow their business while controlling costs.
Advent, Geneva and Moxy are registered trademarks of Advent Software, Inc. All other company names or marks mentioned herein are those of their respective owners.
Advent Software EMEA
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